Crude Oil

Iraqi forces take control of all oil fields operated by state-owned North Oil in Kirkuk

Iraqi forces take control of all oil fields operated by state-owned North Oil in Kirkuk

Published 17/10/2017

Iraqi forces completed an operation to take control of all oil fields operated by state-owned North Oil Company in the Kirkuk region on Tuesday, a senior military officer said. [more…]

Kurdish forces pullout from Khanaqin area on Iraq-Iran border, security sources say

Kurdish forces pullout from Khanaqin area on Iraq-Iran border, security sources say

Published 17/10/2017

Kurdish Peshmerga forces pulled out from the area of Khanaqin, on the border with Iran as Iraqi forces prepared to take over their positions, security sources said. [more…]

Global stocks stay buoyant as dollar, bond yields rise

Global stocks stay buoyant as dollar, bond yields rise

Published 17/10/2017

World equity markets held close to all-time highs on Tuesday, as investors latched on to rising bets on higher borrowing costs in the U.S. and Britain. [more…]

Oil holds gains as Iraq, U.S.-Iran tension raises risks

Oil holds gains as Iraq, U.S.-Iran tension raises risks

Published 17/10/2017

Oil prices crept higher on Tuesday, holding on to gains made as fighting between Iraqi and Kurdish forces threatened supplies from northern Iraq while political tension rose between the United States and Iran. [more…]

Oil rallies on Chinese import boost and Mideast tensions

Oil rallies on Chinese import boost and Mideast tensions

Published 13/10/2017

Oil prices firmed on Friday as strong Chinese oil import data and turmoil in the Middle East boosted bulls in a market that has already shown signs of rebalancing after years of excess. [more…]

Dollar stays low as stocks cheer latest record streak

Dollar stays low as stocks cheer latest record streak

Published 13/10/2017

World stocks rose for a fourth straight day on Friday on expectations of broad-based global growth, while the dollar headed for its worst week in five as investors awaited U.S. inflation data. [more…]

Oil up on lower U.S. rig count, expectation of ongoing Saudi output restraint

Oil up on lower U.S. rig count, expectation of ongoing Saudi output restraint

Published 09/10/2017

Oil prices edged up on Monday, after a 2 percent slide on Friday, as the number of rigs drilling for new oil in the United States dipped and on expectations that Saudi Arabia would continue to restrain its output to support the market. [more…]

China shares hit 21-month high- Turkish lira takes a dive

China shares hit 21-month high- Turkish lira takes a dive

Published 09/10/2017

Chinese shares climbed on Monday after a week-long break as a disappointing survey on the country's service sector did little to dent optimism on global growth, while political uncertainty caused turbulence for the Turkish and British currencies. [more…]

Asia up on economic optimism before U.S. jobs report, dollar buoyant

Asia up on economic optimism before U.S. jobs report, dollar buoyant

Published 06/10/2017

Asian stocks rose on Friday and the dollar hit a seven-week peak, riding on economic optimism ahead of a U.S. job report later in the day. [more…]

Oil markets wary as another tropical storm heads for Gulf of Mexico

Oil markets wary as another tropical storm heads for Gulf of Mexico

Published 06/10/2017

Oil markets were cautious on Friday as traders monitored a tropical storm heading for the Gulf of Mexico and as China remained closed for a week-long public holiday. [more…]